Some flat steel import prices in the United Arab Emirates and Saudi Arabia decreased this week despite the strong demand in the UAE, sources told Metal Bulletin on Tuesday March 6.
UAEHot-rolled coil (HRC) was being offered to the UAE at $640-650 per tonne cfr from China while a buyer was bidding $610-620 per tonne cfr.No price was heard from India this week.About 2,000 tonnes of HRC was booked from China at $630-635 per tonne cfr for late-April shipping.Metal Bulletin's weekly price assessment for UAE HRC imports was $630-635 per...